President Trump’s Push for a 15% Corporate Tax Rate

The transcript discusses President Trump's proposed tax plan, which includes a significant reduction in the corporate tax rate from 35% to 15%. The challenges of making such a tax cut permanent and revenue-neutral under Senate budget rules are highlighted. The discussion also covers ongoing budget negotiations to avoid a government shutdown, with a focus on the contentious issue of border wall funding. The political dynamics between Trump, Congress, and the Democrats are explored, particularly in relation to the border wall and its implications for future negotiations.

What is the proposed reduction in the corporate tax rate according to President Trump's plan?

• From 35% to 25%

• From 35% to 15%

• From 30% to 20%

• From 40% to 30%

Why does Speaker Paul Ryan doubt the feasibility of a 15% corporate tax rate?

• It cannot be offset realistically.

• It is too high for businesses.

• It is already implemented.

• It is not supported by Democrats.

What is a major challenge in making the tax cuts revenue-neutral?

• Increasing the tax rate

• Reducing government spending

• Finding sufficient revenue offsets

• Gaining bipartisan support

Who are the key figures involved in selling the tax plan to Congress?

• Donald Trump and Mike Pence

• Nancy Pelosi and Chuck Schumer

• Gary Cohen and Steve Mnuchin

• Mick Mulvaney and Paul Ryan

What issue has complicated the government funding negotiations?

• Environmental regulations

• Education policy

• Border wall funding

• Healthcare reform